Latest news: Maybourne coming to Paris; Bvlgari adds Bahamas; Wyndham's 25 for Europe

Maybourne to Paris. London-based luxury hotelier Maybourne is coming to Paris with the announced 2027 opening in the Parisian quarter of Saint-Germain-des-Prés. The 101-key (50 suites, 51 rooms) Maybourne Saint-Germain will include 23 ultra-luxury branded residences. The property is located along the Rive Gauche within the 17th-century Îlot Saint-Germain. The 23 residences will be envisioned by two renowned French interior designers, with seven by Pierre-Yves Rochon along Rue Saint-Dominque, and 16 residences by Laura Gonzalez, located on Rue de l'Université.

Bvlgari going to Bahamas. Bvlgari Hotels & Resorts has announced a new project, the Bvlgari Resort & Mansions Cave Cay in Exumas, Bahamas, scheduled to open in 2029 with 64 suites and 48 branded private mansions and estates offered for sale. It follows the previously announced projects in Maldives, Miami Beach and Bodrum which are set to open between 2026 and 2027. This new addition brings the Bvlgari Hotels & Resorts Collection to 13 properties. Servotel, the global hospitality and lifestyle real estate consultancy firm spearheaded by Omer Isvan, is the lead development advisor of the project.

Wyndham adding 25 in Europe. Wyndham Hotels & Resorts has announced it is opening 25 city hotels across Europe through its ongoing collaboration with HR Group. The hotels will join Wyndham’s Trademark Collection and Vienna House Easy brands in Germany, Austria, and the Netherlands. As part of this expansion, eight of the 25 properties have joined Wyndham’s Vienna House Easy brand, while all remaining locations join Wyndham’s Trademark Collection. The openings follow the acquisition of hotels operated by Centro Holding and Centro Hotel Management, by HR Group in 2024. HR Group is a multi-brand hotel operating company based in Berlin and has been acquiring, developing, and operating hotels and resorts for more than 15 years.

Good week in the US. The U.S. hotel industry reported positive year-over-year comparisons from January 26 to February 1 with occupancy at 56.5% (+2.3% YOY); ADR at $150.25 (+1.8% YOY); and RevPAR at $84.90 (+4.1% YOY). Among the Top 25 Markets, Minneapolis reported the largest increases in occupancy (+13.6% to 47.4%) and RevPAR (+16.7% to $56.67). Orlando saw the highest lift in ADR (+7.4% to $224.62).  The steepest RevPAR declines were reported in Las Vegas (-15.0% to $137.63) and New Orleans (-6.2% to $98.23).

HQ to Daytona? The Daytona Beach (Florida) News-Journal reported sbe’s HQ Hotels & Resorts has presented a proposal to developer Pablo Andres Penuela to operate the proposed 24-story Pearl Beach Club hotel, slated to open in 2028 in Daytona Beach. The first approval Penuela needs from the city is a requested rezone of a 1.22-acre vacant lot. The property was once home to the five-story Hi Seas Beach Motel, which thrived during the 1960s and '70s, but closed and was torn down several years ago. Penuela and his partners, doing business as "Daytona Beach 1299 LLC," paid $3 million to buy the property in June 2022, according to property records.

Big bump in LatAm pipeline. Latin America’s construction pipeline in 4Q24 climbed to 685 projects/110,033 rooms, a 15% increase by projects and 13% by rooms year-over-year (YOY), according to Lodging Econometrics. Projects under construction stood at 270 projects/48,138 rooms, up 13% by both projects and rooms YOY. Projects scheduled to start construction in the next 12 months reached 179 projects/28,942 rooms, showing increases of 4% by projects and 5% by rooms YOY. Projects in early planning demonstrated substantial growth with 236 projects/32,953 rooms, up 28% by projects and 20% by rooms YOY. New project announcements into the pipeline during Q4 saw a notable increase of 44% by projects and 32% by rooms YOY, with 82 projects/12,295 rooms. The luxury segment achieved record-high numbers in Q4, with 129 projects/26,077 rooms. Upper upscale projects also reached a record high with 115 projects/22,509 rooms, while upscale projects stood at 136 projects/19,220 rooms. Mexico leads the countries in Latin America's hotel construction pipeline with a record-high 248 projects/38,104 rooms, up 10% by projects and 7% by rooms YOY. Brazil follows with 106 projects/14,799 rooms, up 23% by projects and 9% by rooms YOY. The Dominican Republic achieved record highs with 66 projects/16,908 rooms, showing substantial increases of 38% by projects and 31% by rooms YOY. Colombia follows with 30 projects/3,971 rooms, and Peru with 28 projects/3,753 rooms.

Two UK Marriott refis. Leumi U.K. has completed a £70m loan to funds managed by Zetland Capital to refinance the 338-room Manchester Marriott in England and the 160-room Edinburgh Marriott in Scotland. This is the second transaction within this partnership after Leumi UK provided a €51 million facility to refinance the Morrison Hotel in Dublin in 2023.

Radisson grows in KSA. Radisson Hotel Group has announced a strategic partnership with Saudi Arabia Master Developer Knowledge Economic City (KEC) to develop two Park Inn by Radisson hotels in Madinah, Saudi Arabia. The two Park Inn by Radisson properties at Islamic World District (IWD), Knowledge Economic City, will include 733 keys in total: 587 hotel rooms and 146 serviced apartments. Radisson Hotel Group has almost 50 hotels in operation and under development in the Kingdom of Saudi Arabia with the goal to reach 100 hotels in operation and under development by 2030.

Bob W grows in Germany. Bob W has exchanged contracts with European-list real estate group Aroundtown to launch a 52-unit serviced apartment in a former post office building in Dortmund, Germany. The operator has signed a long-term lease for 3,300 sq m at the Alte Post building, a former post office adjacent to Dortmund’s main railway station. The aparthotel will be Bob W’s fifth in Germany.  It will take the total number of European cities in which Bob W operates to 18 across 10 countries, with further expansion planned. The deal comes amid advanced discussions with landlords and property owners in other key German cities, including Stuttgart, Cologne, and Hamburg.

Choice aids California fire victims. Through a matching campaign, Choice Hotels International and members of the Choice Privileges rewards program have donated nearly $90,000 toward the American Red Cross relief efforts for communities impacted by the wildfires in California in 2025. The campaign to raise funds ended on January 31, 2025. Choice Privileges members donated over 12.7 million points equivalent to $63,740, and Choice Hotels fulfilled a $25,000 donation match.